LTV Appoints Carl B. Frankel to Board of Directors

    CLEVELAND, April 24 The LTV
Corporation (OTC Bulletin Board: LTVCQ) today announced that Carl B. Frankel,
retired general counsel of the United Steelworkers of America union, has been
appointed a director of the Corporation.  Under the terms of the labor
agreement between LTV Steel and the United Steelworkers of America (USWA), the
union may nominate one director.  The last director nominated by the USWA was
Edgar Ball who retired in 1999.
    "We are very pleased to welcome Carl Frankel to the LTV Board.  He brings
with him a reputation of extraordinary intelligence and integrity and his
participation in our efforts to secure a hopeful future for LTV is most
welcome," said William H. Bricker, LTV's chairman and chief executive officer.
"LTV and all of its constituents face very severe consequences unless we
successfully restructure LTV's integrated steel unit into a viable business
that is fully competitive in the domestic and international marketplace.  Mr.
Frankel's 30 years of experience, and his knowledge of the complex problems
facing steel will be invaluable to our efforts on behalf of LTV's
shareholders, employees and communities," Mr. Bricker said.
    Mr. Frankel, a graduate of the University of Chicago College and Law
School, joined the USWA in 1968 as associate general counsel.  He served at
the staff level of the Collective Bargaining Forum, a government/union/
management committee designed to improve labor relations in the United States.
He also played a prominent role in presenting the union's position on matters
related to foreign trade to various government bodies.  Mr. Frankel also
served the union as one of its leading negotiators in the basic steel
industry. He was one of the architects and negotiators of the USWA's New
Directions bargaining program which included partnership, employment security,
neutrality, board representation, and partially funded retiree health
benefits.
    The LTV Corporation is a manufacturing company with interests in steel and
metal fabrication.  LTV's Integrated Steel segment is a leading producer of
high-quality, value-added flat rolled steel, and a major supplier to the
transportation, appliance, electrical equipment and service center industries.
LTV's Metal Fabrication segment consists of LTV Copperweld, the largest
producer of tubular and bimetallic products in North America and VP Buildings,
a leading producer of pre-engineered metal buildings for low-rise commercial
applications.

    This press release includes forward-looking statements.  Our uses of the
words "outlook," "anticipates," "believes," "estimate," "expect" and similar
words are intended to identify these statements as forward looking.   These
statements represent our current judgement on what the future holds.  While
the Company believes them to be reasonable, a number of important factors
could cause actual results to differ materially from those projected.  These
factors include relatively small changes in market price or market demand;
changes in domestic capacity; changes in raw material costs; increased
operating costs; loss of business from major customers, especially for high
value-added product; availability of post petition financing; negative market
and credit impact from the Chapter 11 filing; unanticipated expenses;
substantial changes in financial markets; labor unrest; unfair foreign
competition; major equipment failure; unanticipated results in pending legal
proceedings; difficulties in implementing information technology; and other
factors.

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